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The Markets
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The Markets
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Tech

Skyfii shares rise after signing multi-year data analytics deal with Lewis Land Group

The company's shares are trading about 13% higher intra-day, at 17 cents.

Skyfii Ltd (ASX:SKF) has signed a three-year contract with prestigious Australian property developer, Lewis Land Group.

Skyfii will initially rollout its IO Platform services, including IO Connect (data collection) and IO Insight (data analytics) across Lewis Land’s two large open plan shopping centres in Adelaide and the Gold Coast.

Partnering with Australia’s oldest private property developer

The three-year deal follows the initial provisioning of network infrastructure by Skyfii for Lewis Land leading into the busy Christmas period, and activation of data analytics in early 2018.

Lewis Land is Australia’s oldest private property developer, having developed more than 20,000 residential lots along Australia’s coastline.

In the late 1990s, Lewis Land was the first to introduce outlet shopping to Australia, delivering value for customers in a unique open-air environment.

Ability to unlock key insights into shopper affinities

Lewis Land chief executive Chris Calvert said: “The provision of free WiFi at our centres exemplifies our commitment to providing our customers with a first-class experience, and we are delighted to partner with SkyFii to bring this to life”.

By deploying Skyfii’s IO Platform, Lewis Land will have the ability to unlock key insights into shopper affinities and space usage.

This includes measuring footfall and dwell time to help tenant leasing decisions.

More importantly, customer behaviour insights generated by the IO Platform will help Lewis Land develop improved shopping experiences.

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